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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: charity

charity stories: 125 news summaries

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Army Charity Hoards
Millions as Veterans Suffer

Army Emergency Relief fund's reserve dwarf its giving

Feb 22, 09 6:10 PM CST
(Newser) - A US Army charity is hoarding tens of millions of dollars while military families face record foreclosures and long deployments, the AP reports. Designed to dole out cash to veterans in financial crisis, Army Emergency Relief has padded reserves with $117 million and given or lent only $64 million. "... More »

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veterans • charity • US Army • US Navy • US Air Force • Iraq veterans • Army Emergency Relief

Cutbacks Hit Faith-Based Charities as Need Rises

Slashed state budgets leave programs with reduced funding

Feb 20, 09 2:55 PM CST
(Newser) - The recession has hit faith-based charities hard, threatening to cut off vital services for the sick, poor, and elderly, the Washington Post reports. With state and local budgets strapped for cash, contracts and grants for the groups—including the Salvation Army and Catholic Charities—have been slashed or delayed across... More »

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social services • charity • nonprofit • Catholic • faith based initiatives • Salvation Army • recession depression

Nonprofits Are Going Bust, Too

More charities and
arts groups are filing
for bankruptcy during the slowdown

Feb 20, 09 1:26 PM CST
(Newser) - It's not just homeowners and businesses seeking bankruptcy protection in the cooling economic climate: Nonprofit organizations are hurting, too, and some aren't going to survive. With dwindling donations, tight loans, and stagnant state funding, social service charities and arts groups are running up huge debts, reports the New York Times.... More »

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bankruptcy • charity • nonprofit • Chapter 11 • Chapter 7

Nonprofits Look to Change Rules on Endowments

Meltdown forces tough choice: present survival or future value?

Feb 11, 09 7:21 AM CST
(Newser) - Nonprofits reeling from the market meltdown's impact on their investments are pushing to be allowed to tap endowment funds, many of which are off-limits because they've lost value, reports the Wall Street Journal. At issue is the balance between surviving the current crisis and spending funds that can never... More »

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philanthropy • higher education • museum • college • university • charity • nonprofit • Brandeis • endowment • financial crisis

UK Forking Over
$60M to Bail
Out Charities

Nonprofits fear reduced services for homeless, unemployed, families

Feb 9, 09 5:21 AM CST
(Newser) - The British government will bail out the nation's charities with a $60 million lifeline, as experts warned that one in three nonprofits may have to lay off staff, reports the Guardian. While the charities welcomed the bailout, it is far less than the $150 million they requested to maintain vital... More »

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United Kingdom • homeless • charity • nonprofit • Alistair Darling • bailout

OBITUARY

Co-Founder
of Habitat for Humanity Dies

Fuller and his wife dumped riches to live out Christian values

Feb 3, 09 11:28 AM CST
(AP) - Millard Fuller, the millionaire entrepreneur who gave it all away to help found the Christian house-building charity Habitat for Humanity, has died at 74. His wife Linda says her husband was complaining of chest pains, headache, and difficulty swallowing before his death early today. A global 100-house "blitz build"... More »

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Jimmy Carter • obituary • housing • charity • poverty • Habitat for Humanity • Christian values • Millard Fuller

 Elton Blings Out iPod for AIDS 

Star sells limited-edition Nanos to raise money

Feb 2, 09 9:12 AM CST
(Newser) - For a mere $568, you can own Elton John’s blinged-out iPod Nano—and even better, your money will be donated to a good cause, the Sun reports. Sir Elton has designed an iPod bejeweled with more than 250 Swarovski crystals and loaded with the star’s greatest hits. A... More »

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Elton John • iPod • iPod Nano • charity • HIV/AIDS • bling • iPods

 Daschle Faces 
 Grilling on 
 Charity Gifts,
 Apologizes 
 on Taxes 


Releases letter of apology to lawmakers for tax mistakes

Feb 2, 09 7:33 AM CST
(Newser) - Already beset with questions about his failure to pay taxes, Tom Daschle will likely also face questions today over whether he received improper gifts from charities, the Wall Street Journal reports. President Obama's nominee for health secretary is reported to have flown with an education charity to a Bahamas retreat... More »

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Health and Human Services • taxes • charity • apology • health secretary • gift • Tom Daschle • tax returns • Obama administration • letter

(Newser) - The economic crisis isn’t just hurting Wall Street executives—it also spells dark times for the charities they once supported, the Wall Street Journal reports. The number of US nonprofits climbed from about 750,000 a decade ago to more than a million today, but watchers say 100,... More »

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philanthropy • Wall Street • New York City • charity • nonprofit • Ponzi scheme • community organizers • Bernard Madoff • charitable giving • recession depression

 Blago's Wife 
 Axed by 
 Charity 

Patti Blagojevich paid $100K as fundraiser

Jan 22, 09 1:49 AM CST
(Newser) - The wife of embattled Illinois Gov. Rod Blagojevich has been fired from her $100,000-a-year job as development director of a Chicago charity that runs a state-of-the-art homeless shelter, reports the Chicago Sun-Times. Patti Blagojevich had been hired to help double the million dollars raised annually by the Christian... More »

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charity • Illinois • Rod Blagojevich • Patti Blagojevich • Christian Industrial League • ShoreBank • homeless shelter

NY Investigates Madoff Chum in Charity Losses

Nonprofits say Merkin invested millions without their knowledge

Jan 15, 09 6:44 AM CST
(Newser) - New York investigators widened their inquiry into Bernie Madoff's Ponzi scheme yesterday, as claims emerged that a middleman may have defrauded charities of millions of dollars. Money manager Ezra Merkin allegedly invested the money of 15 nonprofits in Madoff funds without their knowledge, reports the New York Daily News. New... More »

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fraud • charity • nonprofit • New York University • Ponzi scheme • Carnegie Hall • Yeshiva University • Bernard Madoff • Ezra Merkin

 Bill Reaped $100K From 
 Bizman Aided by Hillary 

No quid-pro-quo, say both sides

Jan 4, 09 9:28 AM CST
(Newser) - A New York developer donated $100,000 to Bill Clinton’s foundation about the same time Sen. Hillary Clinton pushed for millions in federal assistance that helped the developer, the New York Times reports. Robert J. Congel was building a mall that Clinton supported “purely as part of her... More »

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Hillary Clinton • Bill Clinton • charity • donor • New York state • Clinton Foundation

 Lost Soles Clog Miami Highway 

Police look for charity for shoes that tripped up commuters

Jan 2, 09 1:23 PM CST
(Newser) - Thousands of shoes snarled traffic this morning on a Miami highway, the Sun-Sentinel reports. “It’s not getting better. It’s still backed up,” one official said as crews cleared the unclaimed shoes, which fell from a truck. Police hope to donate the lost soles to charity and... More »

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Florida • shoes • charity • highways

analysis

Madoff May Have Built
Ponzi Scheme on Charities


Dec 29, 08 7:38 PM CST
(Newser) - How did Bernard Madoff keep his Ponzi scheme going for so long? The answer, if true, will inflame even more public rage: He relied on charities, Mitchell Zuckoff writes on CNNMoney. Ponzi schemes often run dry when investors withdraw en masse, but foundations are legally required to spend only... More »

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charity • Ponzi scheme • Bernard Madoff • foundations

 Pet Soup Kitchens 
 Open in Germany 

Group wants to keep unemployed, elderly from having to give up animals

Dec 27, 08 6:15 AM CST
(Newser) - Fearing that recession will force people to give up animals they can no longer afford to feed, a German group has opened pet soup kitchens around the country, AFP reports. A pet welfare association relies on donations from individuals and corporations; the newly unemployed are among those taking advantage, as... More »

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pets • Germany • charity • soup kitchen

 Wade Gives 
 Displaced Family 
 New Home

Florida family lost all in accidental fire

Dec 25, 08 12:48 PM CST
(Newser) - Christmas seemed destroyed for Dawn Smith’s family after her nephew accidentally burned down their Florida home, but Miami Heat guard Dwyane Wade has saved it. He helped Smith move into a new home on Christmas Eve, providing furnishings, clothes, and gifts for the holidays, the AP reports. Wade’s... More »

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Florida • Miami Heat • Dwyane Wade • big gifts • charity • Christmas • house fire

OPINION

Ethical Gifts Ease Western Guilt, Not Third World Poverty

Condescending gifts will not eradicate poverty

Dec 25, 08 12:30 PM CST
(Newser) - The trend of giving ethical holiday gifts couldn't be more pompous, writes Nathalie Rothschild for Spiked. "Rather than lifting people out of poverty, Oxfam and the rest are helping to sustain underdevelopment," she argues. And occupying a higher level of condescension is the organization Animal Aid, which opposes... More »

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ethics • UNICEF • charity • poverty • OXFAM • Third World • presents • Animal Aid

(Newser) - Forget for a second the Arab oil money that buoys the Clinton Foundation, Marty Peretz writes in the Wall Street Journal—“since when is the Clinton Foundation one of the approved charities of the United Way?” Nonprofits and foundations, from hospitals to universities to opera companies, are lining... More »

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philanthropy • Bill Clinton • charity • donation • Clinton Foundation • Martin Peretz

 Scarlett's Used Tissue 
 Passes $2K on EBay 

Johansson auctions off used tissue to feed the hungry

Dec 19, 08 10:05 AM CST
(Newser) - Scarlett Johansson is proving that even Hollywood glamour-pusses can be gross. The actress thinks her flem would make a nice fan memento, so she’s auctioned off a used tissue to raise money for a hunger charity. Bidding on eBay has already topped $2,000, the New York Daily News ... More »

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eBay • online auction • auction • charity • Scarlett Johansson • Samuel L. Jackson

Economy Spells Weary Christmas for Toy Charities

Donations off as much as 30%, some say

Dec 18, 08 3:04 PM CST
(Newser) - Across the country, charities that dole out gifts to underprivileged kids have seen donations fall off steeply compared to last holiday season, USA Today reports. Some are reporting as much as a 30% decline in giving as the economy flags. “Families that would normally have been helping us... More »

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toys • charity • donation • Christmas • gift • Salvation Army • financial crisis • economic downturn • presents

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